Headlam Group (LON:HEAD) Reaches New 12-Month Low – Should You Sell?

Headlam Group plc (LON:HEAD) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 110 ($1.41) and last traded at GBX 112 ($1.43), with a volume of 82539 shares. The stock had previously closed at GBX 115 ($1.47).

Headlam Group Trading Down 2.6 %

The stock has a market cap of £89.20 million, a price-to-earnings ratio of -7.31 and a beta of 1.42. The company has a debt-to-equity ratio of 46.58, a quick ratio of 0.72 and a current ratio of 1.29. The company has a 50 day moving average of GBX 130.10 and a 200-day moving average of GBX 134.86.

Insider Activity

In related news, insider Jemima Bird bought 7,677 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was purchased at an average cost of GBX 147 ($1.88) per share, for a total transaction of £11,285.19 ($14,436.73). Insiders own 4.26% of the company’s stock.

About Headlam Group

Headlam is the UK’s leading floorcovering distributor. Operating for over 30 years, the Company has expanded to a network of c. 2,030 people, 17 distribution branches, and 76 trade counters.

The Company works with suppliers across the globe manufacturing the broadest range of products, and gives them a highly effective route to market, selling their products to the large and diverse trade customer base.

The Company has an extensive customer base spanning independent and multiple retailers, small and large contractors, and house builders.